natural gas

U.S. Natural Gas Exports to Mexico Beating Expectations as Pemex Production Growth Fizzles

U.S. Natural Gas Exports to Mexico Beating Expectations as Pemex Production Growth Fizzles

Only a few months after President Andrés Manuel López Obrador vowed to end his nation’s dependence on natural gas imports from the United States, Mexico’s need for Lower 48 gas is surging. April is usually a month of lower energy demand in Mexico, when natural gas infrastructure undergoes maintenance and gas imports drop, but this…

April 20, 2021
Natural Gas Futures Rise Further on Strong Export Demand, Cooler Weather

Natural Gas Futures Rise Further on Strong Export Demand, Cooler Weather

Exports to Mexico hit fresh highs Hike because of lower production, strong power burns and industrial demand LNG exports also near record levels Natural gas futures resumed their climb on Monday, buoyed by near-record export demand and the arrival of chilly weather. With the latest forecast extending and intensifying the cooler temperatures, the May Nymex…

April 20, 2021
NGI’s Hub & Flow Delves into the History and Future of North American Gas Market — Listen Now

NGI’s Hub & Flow Delves into the History and Future of North American Gas Market — Listen Now

Click here to listen to a new episode of NGI’s Hub & Flow podcast. NGI’s Christopher Lenton, senior editor for Mexico and Latin America, spoke to Mercuria Energy Co.’s Charles Blanchard in the latest episode. Blanchard, head of North American natural gas research, recently published an exhaustive study on the history of natural gas in…

April 19, 2021
Lifted by Exports, May Natural Gas Futures Finish Strong

Lifted by Exports, May Natural Gas Futures Finish Strong

LNG feed gas volumes hovered close to 2021 highs Pipeline exports to Mexico also held strong Forecasters are calling for below-average temperatures Natural gas futures forged higher on Friday, marking the fourth time during the week the prompt month finished in the green. Robust liquefied natural gas (LNG) volumes, coupled with seasonally strong weather-driven demand,…

April 19, 2021
Texas Freeze Demonstrates Need for Further Mexico-U.S. Energy Integration, Expert Says

Texas Freeze Demonstrates Need for Further Mexico-U.S. Energy Integration, Expert Says

Freezing weather in Texas in February and the subsequent energy supply problems on both sides of the U.S.-Mexico border underline a need for greater energy integration between the two countries, Lorena Patterson, senior energy specialist and strategist, told NGI’s Mexico Gas Price Index.   “I would advocate for greater integration between the markets, and more diversification…

April 16, 2021
Natural Gas Forwards Rally as LNG, Mexican Exports Firing on All Cylinders; Further Momentum Likely

Natural Gas Forwards Rally as LNG, Mexican Exports Firing on All Cylinders; Further Momentum Likely

April chills brought higher futures prices and modest shoulder season gains for natural gas forwards throughout the Lower 48 during the trading week ending April 14, according to NGI’s Forward Look. For the April 8-14 period, fixed prompt-month prices at Henry Hub added 10 cents to average $2.619/MMBtu. Stronger prices at the national benchmark, which…

April 16, 2021
Markets Embrace Storage Result, May Natural Gas Futures Advance

Markets Embrace Storage Result, May Natural Gas Futures Advance

EIA posted a bullish natural gas storage report Demand for U.S. exports held strong Cash prices extended a weeklong rally amid chilly conditions Natural gas futures prices rebounded Thursday as the government’s weekly inventory report proved bullish, and both weather forecasts and demand for U.S. exports remained favorable. The May Nymex contract settled at $2.658/MMBtu,…

April 16, 2021
Annual Natural Gas Marketer Ranking Reflects Rough Sailing Imposed by Pandemic; Outlook Brightens

Annual Natural Gas Marketer Ranking Reflects Rough Sailing Imposed by Pandemic; Outlook Brightens

In a year dominated by the coronavirus pandemic and upended at times by an historic hurricane season, leading natural gas marketers posted lighter sales volumes for full-year 2020, according to NGI’s Top North American Natural Gas Marketers ranking. It marked the second consecutive year of lower overall levels. A global supply glut and weak prices…

April 16, 2021
Mexico’s Natural Gas Market Grows Amid Lessons from U.S. Experience

Mexico’s Natural Gas Market Grows Amid Lessons from U.S. Experience

Mexico’s natural gas market is still in its early stages and suffers from a lack of competition, but that’s not too far from how things were in the United States when the market started, according to Mercuria Energy Co.’s Charles Blanchard. Blanchard, head of North American natural gas research, recently published an exhaustive study on…

April 15, 2021
Asian Industrials Seen Driving 3.2% Rise in Global Natural Gas Demand This Year

Asian Industrials Seen Driving 3.2% Rise in Global Natural Gas Demand This Year

Consumption in the industrial sector is expected to drive a 3.2% year/year (y/y) increase in global natural gas demand during 2021, according to a second quarter Gas Market Report published by the International Energy Agency (IEA). This compares with a 2.8% increase forecast in the 1Q2021 report, IEA’s inaugural offering in the series. The projected…

April 15, 2021
‹ Previous 1 2 3 1,071